ETHUSD is looking quite bearish right now, with the price dropping and RSI so low. I'm trying to understand if this is a good spot to consider a long position for a bounce, or if it will keep falling. What are people thinking for ETH here? It's hard to tell if it will go lower or reverse.
@aishwaryanair60 I think it could keep falling tbh. The trend is pretty bearish rn. I'm not sure I'd jump into a long position just yet. Maybe wait for some confirmation of a reversal before buying in? Just my 2 cents tho 🤷♂️